28225 N 136Th St Scottsdale AZ 85262 MLS 6777351

$3,850,000

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Home Description: 28225 N 136Th St

The 17 Ranch was completed in 2019 making it one of the newer built ranches in the Foothills area. No need to wait on lengthy permit processes or builders timelines. This multifaceted property is not only income producing but has the flexibility to suit almost ANY discipline! Currently has reining footing but could easily add boxes and a return alley for roping and PLENTY of room for jumping or dressage court. Even room to add additional barns! Very good well with 10,000 gallon storage tank. Maintains in the 90 percentile filled water capacity throughout the day, handles ranch and tenant needs very readily. In the Epcor district Above ground 6000 gallon tank for emergencies and arena maintenance if using the motorized water wheel to wet the arena, all come with the ranch sale. Tenancy has zero vacancies on the casitas and apartments and all come FULLY FURNISHED AND TURNKEY!! Many tenancies in place for long term contracts but also have clauses in event the ranch sells Heated pool and spa along with luxury finishes and 12' ceilings make the casitas high end rentals or a great communal living area. The casitas can be easily joined if a larger home was needed. A fourth casita can be built as there is a pad and plumbed in. The casita area has mutilple opportunities and sit on a two acre parcel. The ranch is 6 acres with 4 PIDs. Zoned Ag Exempt Two barns seperated on the property for privacy for each barn. One has 12 stalls, the other has 5 stalls. Show barn has a high end luxury suite attached to the barn which is suited for luxury living or turn that space into an office. 12 stall barn has two 2 bedroom apartments attached making it perfect for staff to easily watch horses with windows facing into the barn. Or these make great rental properties as well and stay full with a wait list. This 12 stall barn would easily convert into a fully enclosed barn if needed. You can open the middle stall wall to make 12x24 stalls for mares and babies or foaling stalls Barns have timers on fans and lights and also automatic waterers. Many horse ammenties on this ranch including a large hay/shaving barn and 4 turn outs. Literally ride out the electronic gate at the 136th entrance to the Fraisfield Trailhead. There is hundreds of acres of non motorized trails designed with horses in mind. The 17 Ranch sits right beside this preserve and the opportunity for a trail riding business is in place. Or take colts and show horses out on safe good riding trails for conditioning and training breaks. Arena is 140' wide and 280' long with Reining horse base and footing. Large enough to accomodate most disciplines.You could easily put in roping chutes and boxes for a great covered roping arena. Need more stalls? Very easy to add to the existing show barn or theres multiple build sites to add other barns. (please see renderings pictures). The ranch was built with the idea to add more stalls. Ask for more information. This is an easy fix and was addressed in the build process. There is a 40' lane along the south side of the arena that could become a barn with 20 stalls, opening to the arena. Also giving full privacy from the road, or build an overhang along the south side of the arena to give privacy and/or park equipment under cover. Also, this area would be a great place for more horse or catlle pens. Its an opportune area to utilize for many needs. Worried about the Rio Verde frontage? Easy fix as the owner has cleared the easement and is beginning plans for trees and privacy shrubs!!! Another option is to use the 280' south (Rio Verde Dr frontage)side of the arena as your own ranch signage and freely market your business to the traffic flowing by daily. There are so many opportunities to create privacy while also capitalizing on what every business needs...EXPOSURE! Access to the ranch on the west side is from 136th making this ranch fully accessible by pavement. On the east side of the ranch is 138th which gives the casitas their own private entrance creating an independant seperate flow for both the tenants and horse operation. The ranch has been working on a C2 rezone and there is potential for a buyer who may want a feed/livestock store. This Rio Verde Dr frontage property makes it the prime location for future commercial rezone. If rezoned today, that could mean this property is worth upwards of $7m commercially so this makes this ranch an incredibly unique investment holding property. Not many ranches in the area have the potential for an investment growth like this ranch does. Being at the intersection where Scottsdale meets the Foothills makes The 17 Ranch the opening corridor to the Foothills and all the potential that comes as the area experiences growth. The ranch is one of the only ranches to have City of Scottsdale easement frontage. This frontage could prove beneficial as the neighboring properties develop. Operate this current turnkey business AND horse facility now and sell later when development demands this corner!!! The 17 Ranch was built to be a fully functioning horse ranch with the unjque opportunity for tenants to live with their horses. Keep it as is and experience the good cash flow generated by horses and tenants, or build more stalls and turn it into a premier horse training location with a very bright and solid future!!! YOUR OPPORTUNITES ARE ENDLESS!! THE 17 RANCH All residences come fully furnished with high quality furnishings and finishes. 3 casitas... each one bedroom one bathroom 1000 sq ft each 2 apartments...each two bedroom one bathroom 850 sq ft each 1 suite...one bedroom one bathroom great room with kitchen 1000 sqft 7 full hookup RV spots 5 stall block show barn with wash rack, tack up stall, cedar wall tack room, AC dog room and two tie poles, 2 oversized stalls and 3 12x12 stalls 12, 12x12 mare motel with custom built stalls, tack room and washroom for clients and trainer Large hay barn for hay, shaving and equipment storage 4 turn outs, 3 have shade covers Fully irrigated landscaping in casita area with gated entrance and heated pool and spa Dog fencing with no climb around horse ranch